---
type: "Bill"
title: "Deferred deposit lenders; creating the Oklahoma Small Lenders Act; creating a lenders license; providing for revocation of licenses under certain circumstances; setting certain fees. Effective dates."
description: "Deferred deposit lenders; creating the Oklahoma Small Lenders Act; creating a lenders license; providing for revocation of licenses under certain circumstances; setting certain fees. Effective dates."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2020"
identifier: "SB 720"
citation: "Oklahoma SB 720 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Kannady", "Leewright"]
version_count: 8
action_count: 20
vote_count: 1
first_action: "2019-02-04"
last_action: "2019-04-22"
source: "openstates"
source_identifier: "ocd-bill/717b3809-1e97-4a8a-b9c4-49b20dad06e3"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB720&session=2000"
source_hash: "8af2f6ebc96da7696663ebdec1be1ceeb3b001d4005e34064fdf9dc3e871dcd7"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ok"]
---

# Oklahoma SB 720 (2020) — Deferred deposit lenders; creating the Oklahoma Small Lenders Act; creating a lenders license; providing for revocation of licenses under certain circumstances; setting certain fees. Effective dates.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 INT/SB/SB720 INT.PDF)
2. **Committee Amendment** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 COMMITTEE AMENDMENTS/Senate/SB720 CA1.PDF)
3. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 ENGR/SB/SB720 ENGR.PDF)
4. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 ENR/SB/SB720 ENR.PDF)
5. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 FLR/HFLR/SB720 HFLR.PDF)
6. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 FLR/SFLR/SB720 SFLR.PDF)
7. **SB720 (2-20-19) (LEEWRIGHT) FA1.PDF** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 FLOOR AMENDMENTS/Senate/SB720 (2-20-19) (LEEWRIGHT) FA1.PDF)
8. **Senate Committee Substitute** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2019-20 COMMITTEE SUBS/SCS/SB720 CS.PDF)

## Votes

- THIRD READING — **46–1** (pass) · upper

## Sponsors

- Kannady — primary (person)
- Leewright — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-04** First Reading `introduction, reading-1`
- **2019-02-04** Authored by Senator Leewright
- **2019-02-05** Second Reading referred to Business, Commerce and Tourism `referral-committee, reading-2`
- **2019-02-14** Reported Do Pass, amended by committee substitute Business and Commerce committee; CR filed `committee-passage`
- **2019-02-18** Coauthored by Representative Kannady (principal House author)
- **2019-02-21** General Order, Amended
- **2019-02-21** Measure passed: Ayes: 46 Nays: 1 `passage`
- **2019-02-21** Referred for engrossment
- **2019-02-25** Engrossed to House `passage`
- **2019-02-25** First Reading `introduction, reading-1`
- **2019-03-19** Second Reading referred to Banking, Financial Services and Pensions `referral-committee, reading-2`
- **2019-03-28** CR; Do Pass Banking, Financial Services and Pensions Committee `committee-passage`
- **2019-04-11** General Order
- **2019-04-11** Third Reading, Measure passed: Ayes: 94 Nays: 2 `passage, reading-3`
- **2019-04-11** Signed, returned to Senate
- **2019-04-11** Referred for enrollment
- **2019-04-15** Enrolled, to House
- **2019-04-15** Signed, returned to Senate
- **2019-04-15** Sent to Governor `executive-receipt`
- **2019-04-22** Approved by Governor 04/18/2019 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/717b3809-1e97-4a8a-b9c4-49b20dad06e3`. Confidence: reported (aggregated from official Oklahoma legislature records).